Which of the Following Statements About Economic Systems Is NOT

question 378

Multiple Choice

Which of the following statements about economic systems is NOT true?

• A) Government has less of a role in market-directed economies than in command economies.
• B) A market-directed economy self-adjusts through producer and consumer choices.
• C) Producers always make a profit in a market-directed system.
• D) A command economy is more likely to work if the variety of goods and services is small.
• E) Both market-directed and command economies need a macro-marketing system.

---

Definitions:

Project-based Organizations

Organizations that operate primarily through projects, with teams formed specifically to deliver project objectives.

Technology-driven World

A society or environment where technological advancements and digital tools significantly influence everyday life and operations.

Projects

Specific, temporary efforts undertaken to create a unique product, service, or result, involving defined objectives and resources.

Schedule-driven

A project or activity that is primarily guided and constrained by timeframes and deadlines.